Joy Meadows Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 138,193 | 7,871 | 130,322 | 198.7 | 0% |
| 2019 | 663,155 | 57,587 | 605,568 | 153.3 | 38% |
| 2020 | 722,579 | 213,394 | 509,185 | 64.7 | 37% |
| 2021 | 1,151,625 | 285,662 | 865,963 | 84.7 | 39% |
| 2022 | 1,968,168 | 433,495 | 1,534,673 | 100.1 | 43% |
| 2023 | 1,549,161 | 800,869 | 748,292 | 66.0 | 51% |
In its most recent public year (2023), this organization brought in $748,292 more than it spent. Its reserves stood at about 66 months of spending, down from 198.7 in 2018. Staff pay was 51% of spending. $178,800 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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